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HomeMy WebLinkAbout2012-918-09/17/2012Prepared by Carol Failor, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703. RESOLUTION NO. 2012-918 RESOLUTION RESCINDING RESOLUTION NO. 2012-764 IN IT ENTIRETY APPROVING APPLICATION WITH KASIM MUSTEDANAGIC FOR TAX EXEMPTIONS ON IMPROVEMENTS TOTALING $180,000.00 FOR PROPERTY LOCATED AT 4128 MOCKINGBIRD LANE IN THE CITY LIMITS URBAN REVITALIZATION AREA (CLURA), IN THE CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA. WHEREAS, Kasim Mustedanagic submitted an application dated March 27, 2012 to the City Council of the City of Waterloo, Iowa, requesting to receive tax exemptions on improvements totaling $180,000.00 for property located at 4128 Mockingbird Lane, more fully described as follows: Lots 1 and 2 in Crossroads Estates Replat No. 4, Waterloo, Black Hawk County, Iowa; and, WHEREAS, said applicant began and completed improvements on said property during the time in which such improvements were not eligible for the tax exemption as set forth in the City Limits Urban Revitalization Area (CLURA) Plan as adopted by the City Council of the City of Waterloo, Iowa, and as set forth in the Urban Revitalization Act as adopted by the Legislature of the State of Iowa and signed by the Governor of the State of Iowa. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that Resolution No. 2012-764, be and the same, hereby rescinded in its entirety. PASSED AND ADOPTED this 17th day of September, 2012. Ernest G. Clark, Mayor ATTEST: Q Suzy Sc ares, CMC City Clerk